(PRESS RELEASE) Equity Diamond Brokers Inc. of Cincinnati, also known in the trade as “EDB,” announces its merger with Aneri Jewels LLC of New York, affiliate of Laxmi Diamond Private Limited, Mumbai, India.
Equity Diamond Brokers Inc. provides the retail jeweler with a broad assortment of the hottest diamond jewelry trends, collections and classics. Founded in 1972, the Higgins family has led EDB to become a highly valued vendor to the independent retail jeweler with a focus on integrity, quality and value.
Looking towards the future, “We are proud to partner with Aneri Jewels LLC New York and Laxmi Diamond Private Limited, Mumbai, India to utilize our combined global resources to provide the jeweler with everything they need to be successful,” said company President Chris Higgins.
Aneri Jewels is consistently searching for opportunities across the Jewelry related sectors to drive value creation. “We are pleased to partner with EDB’s leadership team that includes company President Chris Higgins and new COO Allen Rosenel whom together will continue to serve as valuable partners as we grow together,” said Nick Parekh, CEO/President.
In 1994, Laxmi Diamond opened its office in the U.S. servicing wholesalers and retailers throughout North America. Aneri Jewels LLC was formed by Nick Parekh, affiliates diamond site holder Laxmi Diamond and combined, they are a world leader with offices globally.